Page 39 - Anchor Borrower Programme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SPECIAL REPORT: Despite huge spending over decades, Nigeria unable to produce enough cassava Farmers, experts and data explain why cassava, one of Nigeria’s most iconic foods, perennially remains insufficient and expensive. Grace Ebit, a farmer in Ibogo, Biase Local Government Area of Cross River State, recalls her childhood with nostalgia. After her father lost his job in the mid-1960s, she dropped out of school and the family struggled to get food. Her distraught father began to grow cassava and processed garri. That became the turning point. “The business became big to the extent that...

Taiwo Ojoye Published 23 June 2021The Central Bank of Nigeria and the Rice farmers Association of Nigeria have concluded plans to distribute 27,000 metric tonnes of rice paddies directly to millers nationwide on Thursday, to renew their move to address the rising cost of food prices in the Nigerian market.A statement from the CBN on Tuesday said the direct allocation from RIFAN warehouses across 16 states of the federation was sequel to the...

Despite the seeming lack of cohesion on the part of government policies and implementation, the hype ‘to return to agriculture’ is encouraging a lot of private effort and collaboration in the agricultural sector of the economy. It has also increased the level of farming activities at the grassroots and local communities thereby increasing the demand […]

The administration has done marginally better in terms of agriculture contribution to GDP.

Obinna Chima reviews the stewardship of the Central Bank of Nigeria Governor, Mr. Godwin Emefiele seven years since he assumed the mantle of leadership The Central Bank of Nigeria (CBN) Act of 2007 charges the banking sector regulator with the overall control and administration of the monetary and financial sector policies of the federal government. Although the four key objectives of the CBN includes to ensure monetary and price stability; issue legal tender currency in Nigeria; maintain external reserves to safeguard the international value of the legal tender currency; promote a sound fina...